Company Press Releases

Sierra Metals Closes $16.4 million Private Placement

2023-10-13 / @businesswire

Sierra Metals Inc. (TSX: SMT; OTC: SMTSF) (“Sierra Metals” or the “Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) to issue 43,107,360 common shares of the Company (“Common Shares”...Read More

Canadian Investment Regulatory Organization Trade Resumption - SMT

2023-10-13 / @newswire

TORONTO, Oct. 13, 2023 /CNW/ - Trading resumes in: Company: Sierra Metals Inc. TSX Symbol: SMT All Issues: Yes Resumption (ET): 9:30 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a...Read More

Sierra Metals Places Cusi Mine on Care and Maintenance and Initiates Sale Process

2023-09-20 / @newsfile

Toronto, Ontario--(Newsfile Corp. - September 20, 2023) - Sierra Metals Inc. (TSX: SMT) (OTC Pink: SMTSF) ("Sierra Metals" or the "Company") announced today that it has placed the Cusi silver mine in Mexico on care and maintenance and initiated a process to sell the mine.Ernesto Balarezo Valdez, Sie...Read More

Sierra Metals to Attend Upcoming Investor Conferences

2023-09-07 / @businesswire

Sierra Metals Inc. (TSX: SMT; OTC: SMTSF) (“Sierra Metals” or the “Company”) is pleased to announce that it will be attending the 2023 Precious Metals Summit in Beaver Creek, Colorado from September 12 to 15, 2023 and Gold Forum Americas 2023 in Colorado Springs, Colorad...Read More

Sierra Metals Announces Mineral Resource Expansion at Bolivar Mine in Mexico

2023-08-22 / @newsfile

Toronto, Ontario--(Newsfile Corp. - August 22, 2023) - Sierra Metals Inc. (TSX: SMT) (OTC Pink: SMTSF) ("Sierra Metals" or the "Company") after systematic drilling in 2023, is pleased to announce additional 15.5 million copper equivalent ("CuEq") pounds in measured and indicated mineral resources ho...Read More

Sierra Metals Announces Appointment of Independent Non-Executive Director

2023-08-21 / @newsfile

Toronto, Ontario--(Newsfile Corp. - August 21, 2023) - Sierra Metals Inc. (TSX: SMT) (OTC Pink: SMTSF) ("Sierra Metals" or the "Company") is pleased to announce the appointment of Ms. Wendy Kaufman to its board of directors (the "Board") as an independent non-executive director, effective August 21,...Read More

Sierra Metals Reports Another Quarter of Increased Operating and Financial Performance

2023-08-14 / @businesswire

Sierra Metals Inc. (TSX: SMT | OTC: SMTSF) ("Sierra Metals" or "the Company") today reported financial results for the three-month (“Q2”) and six-month (“H1”) period ended June 30, 2023, showing total revenues of $62.7 million and adjusted EBITDA(1) o...Read More

Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q2 2023 Financial Results

2023-08-01 / @businesswire

Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or "the Company") announces the filing at the Lima Stock Exchange (“BVL”) by its subsidiary, Sociedad Minera Corona S.A. ("Corona") of its unaudited Financial Statements and the Management’s Discussion...Read More

Sierra Metals Reports Another Strong Quarter of Production Including Record Copper Equivalent Production at Bolivar

2023-07-25 / @businesswire

Sierra Metals Inc. (TSX: SMT) (OTC: SMTSF) (“Sierra Metals” or “the Company”) announces second quarter 2023 production results from its three underground mines in Latin America: Yauricocha, a polymetallic mine in Peru and Bolivar a copper mine and Cusi a silver mine each...Read More

Sierra Metals Provides Update on Strategic Review Process

2023-07-21 / @newsfile

Toronto, Ontario--(Newsfile Corp. - July 21, 2023) - Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") provides an update today on its previously announced independent special committee process. Special Committee ProcessIn October 2022, a committee of the Company's independent direct...Read More

Arias Resource Capital Thanks Fellow Shareholders for Support; Will Remain Vigilant in Protecting Shareholder Interests

2023-07-05 / @GlobeNewswire

MIAMI, July 05, 2023 (GLOBE NEWSWIRE) -- Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II (Mexico) L.P., together with other affiliates of Arias Resource Capital and its principal (collectively, “ARC”) holding approximately 27% of the outstanding shares...Read More

Sierra Metals Announces Results of Annual and Special Meeting of Shareholders

2023-06-28 / @businesswire

Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) hereby announces the voting results from its annual and special meeting of shareholders held on Wednesday, June 28, 2023 (the “Meeting”). A total of 126,949,634 common shares were represente...Read More

Last Chance for Sierra Metals Shareholders - Vote for Change to Restore Your Investment

2023-06-21 / @GlobeNewswire

Act Now to reconstitute the Board by electing ARC’s five highly qualified nominees – J. Alberto Arias, Derek White, Daniel Tellechea, Ricardo Arrarte, and Alonso Checa The current Sierra Metals Board must go following -91% total negative shareholder returns in just two years an...Read More

Arias Resource Capital Alerts Sierra Metals Shareholders - Purposely Misleading Press Release Pledges Support for Board; Concerns that Board May Be Trading Votes for Access to Financing Opportunities

2023-06-17 / @GlobeNewswire

Shareholders should be alerted to a purposely misleading press release issued on June 15, 2023 expressing support by one of Peru’s most prominent banks for the incumbent board and which was posted on Canada’s regulatory filing system (SEDAR). ARC contacted the prominent bank on...Read More

Glass Lewis Recommends Voting in Favour of Sierra Metals Management Nominees

2023-06-14 / @businesswire

Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) today announces Glass Lewis’ recommendation that shareholders vote FOR all of management’s nominees at the Company’s upcoming annual and special meeting of shareholders scheduled for Ju...Read More

Cranley Investment Holdings, LLC Announces Intention to Vote 9,414,249 Common Shares of Sierra Metals Inc. (approximately 5.7% of the outstanding Common Shares) in Favour of Management Slate at 2023 Annual Meeting

2023-06-13 / @newswire

Concerned about Arias Resources Capital's history of governance failures and value destruction at Sierra Metals Inc.Believes that Arias Resources Capital's director nominees are being proposed to advance its selfish interests in relation to Sierra Metals Inc. and not in the best interest...Read More

REPEAT - Sierra Metals' Largest Shareholder Arias Resource Capital Files Dissident Proxy Circular, Encourages Shareholders to Vote YELLOW

2023-06-12 / @GlobeNewswire

Sierra Metals Board, responsible for over 91% shareholder value destruction in two years, evades direct engagement with shareholders via virtual meeting and attempts to stay entrenched via questionable commercial arrangements To urgently restore shareholder value, Sierra Metals shareholders...Read More

Sierra Metals Announces Completion of Refinancing Agreement With Major Lenders

2023-05-30 / @businesswire

Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announces that, in connection with the press release dated March 13th 2023, it has finalized the definitive agreement (the “Agreement”) with Banco de Credito del Peru and Banco Santander S.A....Read More

Sierra Metals Announces Appointments of CEO Ernesto Balarezo and CFO Jos? Fern?ndez-Baca

2023-05-31 / @businesswire

Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announced today that it has appointed Ernesto Balarezo to Chief Executive Officer and José Fernández-Baca to Chief Financial Officer, both of whom had been previously serving on an interim basis....Read More

Sierra Metals Announces Filing Date of Meeting Materials and Provides Additional Information on Refinancing

2023-06-05 / @businesswire

Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announces that its meeting materials (“Meeting Materials”) for its June 28, 2023 annual and special meeting of shareholders (the “2023 Annual Meeting”) will be filed under its di...Read More

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